Browse Data and Analysis

Post forecasts marketing year (MY) 2024/25 production at 0.91 million 480-lb bales, basically flat compared to MY 2023/24 due to high input costs, drought conditions, power outages, and lack of access to new genetically engineered seed varieties.

In 2023, Mexico imported $51 billion of food ingredient products, of which 63 percent were sourced from the United States. Mexico’s food processing industry is the second largest in Latin America, behind Brazil, making Mexico a top destination for U.S. food ingredients.

Lower feed prices are expected to boost producer profits in 2024, thereby increasing domestic beef and pork production. Beef imports are forecast to decrease, and pork imports are expected to remain nearly flat.

The outlook for Mexican grain production in marketing year (MY) 2024/2025 is higher year-on-year for corn, wheat, rice, and sorghum based on farmer planting decisions on more average weather conditions and a gradual recovery from exceptional drought conditions.

The Mexican Tax Administration Service (SAT) announced on February 5, 2021 that Mexican authorities will grant a 30-day period to rectify and/or correct commercial information regarding NOM051...

The U.S-Panama Trade Promotion Agreement (TPA) entered into force on October 31, 2012.

The report provides current information on export certificates issued by U.S. government agencies in conformity with Mexican import standards and regulations.

This report intends to inform U.S. processed foods and non-alcoholic beverage companies interested in the Mexican market about updates to the new Front of Pack labeling modifications...